Pig butchering scam and how to recover from it

Pig butchering is a new trend of scams that occurs through popular social media platforms and dating apps. The fake cryptocurrency developers force the investors to put in more and more money. It is done to get true romance and riches immediately. The style of targeting is very unique in this case.

How do these scams work?

Generally, people with an interesting profile message you on different platforms like tinder, LinkedIn, or Tinder. They act as if it was intended for someone else and sent to you by mistake. The next step is to trap you in conversations and gain trust.

After gaining your trust, they manipulate you to invest in fake or scam cryptocurrency websites. Or they can also make you transfer your cryptocurrency to their websites or purchase their crypto. They never ask you to put in a large sum of money instead make you pay small sums in installments.

The main target is the emotional game that these pig butchering scammers do. The main game is the money and secondly the romance so they keep on asking the question like don't you want enough money or don't you want a true lover.

They also give small amounts of money in returns of the big investments to build the trust of investors. These small gifts also make sure that people keep investing in the fraud crypto.

But when you try to withdraw your money they ask for a fee. This is also a part of a scam and is a tactic to steal more money from you. The attempt to recover crypto from scammers is completely fruitless.

Common indicators of pig butchering scam

There are very common habits of scammers that give you a hint.

1. They always text you from a random number and show that it was by mistake. They intended to text someone else.

2. As it is a romance scam the person would generally avoid talking to you on call, especially on video calls.

3. Firstly they would talk for months to you and gain your trust.

4. They will ask you to deposit your cryptocurrency in a completely different app or website.

5. They can also ask for your personal information, account information, and bank details.

6. Someone who is claiming you have higher gains than you have invested is surely a fraud.

7. They would talk romantically with you but mostly the conversation is based upon cryptocurrency and investment.

8. The scammer also keeps focusing your attention on the benefits you can gain from investing in a specific website.

How to recover money from scammers?

It is very difficult to recover from romance scam and is a mental trauma for anyone. But you must report immediately to your nearest police station with all the proof that you have. There is a chance that they might catch the culprit and you can get your money back.

But you should be careful and not trust people, especially people you meet online. As this trend of scamming is very common you must invest your cryptocurrency with reputable sellers. Investing in something completely new and following the advice of someone you have never met in person is a big mistake.

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